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Thursday, December 25, 2014

Traditional Asian Lending Circles Get New Life with Modern Twist - NBC News.com

My article for NBC Asian America on Lending Circles:

"Social loans have long been practiced in our communities, both in countries of origin and here in the U.S.," said Lisa Hasegawa, Executive Director of National CAPACD, "The added twist of being able to build credit while saving has really resonated with so many previously disenfranchised people including recent immigrants and refugees, survivors of domestic violence, and micro-entrepreneurs."